Windstream to Spin Off Some Assets Into Publicly Traded REIT
Windstream Holdings Corp. of Little Rock says it will spin off certain assets, including its fiber and copper network, into a publicly traded real estate investment trust, a move that will lower its debt by $3.2 billion. read more >
by Lance Turner -
Windstream 1Q Profit, Revenue Down From Last Year
Windstream Holdings Inc. of Little Rock on Thursday reported a 69 percent decline in first-quarter profit and 2 percent drop in revenue. read more >
by Luke Jones -
Cash Flow Adequate for Dividend, Windstream CEO Says
Windstream Holdings Inc. still has sustainable free cash flow to support its investor-attracting $1 annual dividend, shareholders were assured during the Little Rock telecom's annual meeting on Wednesday. read more >
by Gwen Moritz -
Windstream Compensation: Down For Jeff Gardner, Up For Other Execs
Total compensation for Windstream Holdings Inc. CEO Jeffrey Gardner was down by almost $1 million in 2013 compared to 2012, but other named executive officers saw their compensation increase. read more >
by Luke Jones -
Windstream’s 4Q, Fiscal Profits Rise
Windstream Holdings Inc. of Little Rock reports gains in fourth-quarter and fiscal 2013 profit, citing more growth in consumer and broadband revenue. read more >
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Update: Windstream Cutting 400 Employees Companywide
Windstream Holdings Inc. of Little Rock says it is cutting 400 employees companywide by March 3. read more >
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Telecoms, Cable Industry Press for Extension of Bonus Depreciation Credit
The telecommunications and cable industry are continuing to call on Congress to renew bonus depreciation tax credits. Windstream Corp. CEO Jeff Gardner is among the Arkansas voices advocating for an extension. read more >
by Lance Turner -
Uncertainty Threatens Windstream Dividends
Since its incorporation in 2006, Windstream has been shifting its business model toward more profitable avenues. But its latest financials haven’t thrilled some analysts, and there’s worry that the changes haven’t been effective enough. read more >
by Luke Jones -
Video: Bret Bielema’s $3M Contract, Dustin McDaniel, Jeff Gardner, Obamacare & More in Your ‘Week in Review’
Bret Bielema, Oaklawn expansion, Dustin McDaniel's new business, Jeff Gardner goes to Washington, and Obamacare comes to Arkansas. All in this week's "Arkansas Business THV 11 News Week in Review." read more >
by Lance Turner -
Windstream’s Jeff Gardner Meets With Obama, Urges Tax Reform
Windstream CEO Jeff Gardner was in Washington, D.C., on Wednesday as part of a group of CEOs meeting with the president and members of Congress about the nation's economy. read more >
by Lance Turner -
Windstream 2Q Net Income Down 21 Percent; Company Explores Creating Parent Firm
Windstream Corp. of Little Rock says second-quarter net income was $40 million, down 21 percent from the same time last year. Also, the firm says it's exploring creating a publicly traded holding company to become the parent company of Windstream and its subsidiaries. read more >
by Lance Turner -
Beebe Said To Appoint Task Force ‘FASTER Arkansas’ With Plans for Broadband Expansion
Last Wednesday, Gov. Mike Beebe met with scores of representatives — the number we heard was 70 — of Internet service providers, large and small, from all over the state. The subject: broadband access, or lack thereof. read more >
Analysts Are Divided on Windstream Dividend
The $1 annual dividend, paid quarterly, represents a yield of almost 12 percent at last week’s stock price of less than $8.50. CEO Jeff Gardner says it’s “the best way to create value for our shareholders.” read more >
by Luke Jones -
Windstream Firm on $1 Dividend, CEO Gardner Says
The CEO of Windstream Corp. of Little Rock repeatedly assured shareholders at Wednesday's annual meeting that the company is committed to continuing its attractive $1 per share annual dividend. read more >
by Gwen Moritz -
Windstream CEO Jeff Gardner’s Compensation Falls in 2012
Windstream Corp. of Little Rock reported CEO Jeff Gardner's 2012 total compensation fell to $7.99 million, closer to his compensation two years ago than last year's $9.78 million. read more >
by Luke Jones -
Windstream Names Jeffrey T. Hinson Board Chairman
Windstream Corp. of Little Rock appoints Jeffrey T. Hinson as chairman of the board, effective May 1. Hinson succeeds Dennis E. Foster, who has been chairman since 2010. read more >
by Lance Turner -
Windstream 4Q Profit Rebounds; Net Income Reaches $10M
Windstream Corp. of Little Rock reports fourth-quarter net income of $10 million, up from a net loss of $35 million during the same quarter in 2011. read more >
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Battelle Study: Arkansas Poised to Grow Knowledge-Based Economy
A study commissioned by the Arkansas Research Alliance finds the state well positioned to create more high-paying jobs. The report aims to gauge progress of a 2009 plan to develop "knowledge-based" jobs. read more >
by Mark Carter -
Windstream Reports 3Q Profit Down 44 Percent
Windstream Corp. of Little Rock reports third-quarter net income of $54 million, or 9 cents per share, down from $78 million or 15 cents per share in the same quarter last year. read more >
by Lance Turner -
State-Based Tech Stocks Waver Amid Changes
Windstream Corp. of Little Rock, the telecom that spun off from the former Alltel Corp., has seen its stocks slip during the past year. read more >
by Luke Jones -
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